$KITE /USDT is cooling down after a sharp intraday push, trading near 0.0855 with a -0.70% move. Price earlier spiked to 0.0910, showing strong bullish interest, but sellers stepped in and pushed it back toward the 0.0848 support zone, which is now acting as a short-term base.
On the 15-minute chart, KITE is trading below the MA(25) at 0.0868 and MA(99) at 0.0875, signaling short-term pressure, while MA(7) at 0.0854 is offering immediate support. The rejection from 0.0896 confirms a local top, but the recent small green candles suggest selling momentum is slowing.
Volume remains healthy with 24h volume at 72.82M KITE, showing active participation and no sign of market abandonment. As long as price holds above 0.0848, a bounce toward 0.0865–0.0880 remains possible. A clean break below 0.0848 could open the door to deeper retracement.
This is a decisive zone for KITE. Either buyers defend support and spark a rebound, or bears take control for another leg down. Volatility is building, and the next move could be fast.
KITE
0.0829
-5.14%